Wearable Cardioverter Defibrillator Market To Reap Excessive Revenues By 2024

>

Wearable Cardioverter Defibrillator Market to Reap Excessive Revenues by 2024

A wearable cardioverter defibrillator is a lightweight, easy to wear device worn by patients who are at a high risk of a sudden cardiac arrest (SCA). A wearable cardioverter defibrillator is an external device that mainly consist of two components, garment and monitor. The garment is worn under the clothing as a vest to continuously to monitor the heart and on detection of an arrhythmia, it releases a shock to restore heart’s normal rhythm. The monitor is worn around the shoulder using a shoulder strap or around the waist. It records the intensity of the arrhythmia. This whole process happens within a minute, as SCAs are unpredictable and need to be treated via a shock treatment to save victim’s life. A wearable cardioverter defibrillator is an alternative treatment method used to prevent SCAs in non-pacemaker-dependent patients who are awaiting an implant of a cardioverter defibrillator.

Request a PDF Brochure - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=51543

According to the World Health Organization (WHO), cardiovascular diseases are a leading cause of mortality globally. These diseases account for 31% of total global mortality. According to the Sudden Cardiac Arrest Association, in the U.S., more than 325,000 people succumb to SCA each year and among those the survival rate is only 10%. According to the European Resuscitation Council, SCAs cause approximately 20% of all deaths in Europe. As per statistical projection of the United Nations (UN), the global number of people over the age of 60 years is projected to increase from 901 million in 2015 to 1.4 billion by 2030.

Cardiac arrest is a public health issue, which has a severe impact on the wellbeing of human health. Prevalence of sudden cardiac arrest is directly proportional to the increasing population, worldwide. Rapid growth in the global geriatric population and rise in the number of sudden cardiac arrest cases are driving the wearable cardioverter defibrillators market. Increasing per capita income of people, rising awareness about cardiac diseases and cardiac arrests are fuelling the wearable cardioverter defibrillators market in developing countries. Technological advancements in wearable cardioverter defibrillator devices, such as reduction in the noise of electrodes, improvements in signal detection, weight and size reduction of the device to make it more comfortable for the patient, is another key factor boosting the wearable cardioverter defibrillators market. However, less awareness about the wearable cardioverter defibrillator device in developing countries and device lacking potential to detect atrial arrhythmia signals are key restrains of the market.

The global wearable cardioverter defibrillators market can be segmented based on application, end-user, and region. In terms of application, the market can be segregated into congenital heart diseases, inherited arrhythmias, and peripartum cardiomyopathy. Based on end-user, the wearable cardioverter defibrillators market can be divided into clinics, hospitals, and home care settings, and others.

Request for Analysis of COVID19 Impact on Wearable Cardioverter Defibrillator Market - https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=51543

In terms of region, the global wearable cardioverter defibrillators market can be categorized into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. North America accounts for a dominant share in the global wearable cardioverter defibrillators market owing to the increase in awareness among the people regarding sudden cardiac arrests and wearable cardioverter defibrillator devices. Europe constitutes a large share of the market due to technological advancements and rise in the number of cardiac arrest and SCA incidences in the region. The market in Asia Pacific is expanding at a rapid pace owing to the increase in government support, rise in health care expenditure, and surge in per capita income. Increasing demand for wearable cardioverter defibrillator devices in Asia Pacific due to Rise in awareness about these devices, government support, rise in per capita income are some of the factors likely to fuels the market in the region.

Pre-Book Wearable Cardioverter Defibrillator Market Report - https://www.transparencymarketresearch.com/checkout.php?rep_id=51543&ltype=S

Prominent players in the global wearable cardioverter defibrillators market include Medtronic, Cardiac Science, LivaNova, Boston Scientific Corporation, St. Jude Medical LLC, Koninklijke Philips N.V., Nihon Kohden Corporation, Defibtech LLC, and Physio-Control Inc.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

More Trending Reports by Transparency Market Research:

https://www.prnewswire.com/news-releases/rising-patient-pool-and-increasing-healthcare-expenditure-to-invite-favorable-growth-prospects-for-gout-therapeutic-market-during-2019-2027-tmr-301177001.html

https://www.prnewswire.com/news-releases/growing-cases-of-spinal-disorders-to-pain-strokes-of-growth-across-bone-graft-substitutes-market-between-2020-and-2030-tmr-301182424.html

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad-hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Contact

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com

Share:

Keywords: implantable cardioverter defibrillator,subcutaneous implantable cardioverter defibrillato

Comments

Other related blogs

The whizzinator Is Surely Best For Everyone In Many Opinions

By : Shyasnal

There are a large number of people who think that the key purpose of designing adult items is sexu..


Synthetic Urine - Don’t Miss The Opportunity

By : Shyasnal

There are a large number of people who think that the key purpose of designing adult items is sexu..


Erectile Dysfunction Drugs Market Estimated to Expand at a Robust CAGR by 2025

By : TMR

The consequences of lifestyle diseases are aplenty. One condition like obesity, hypertension, or dia..


Dermal Fillers Market is Expected to Experience a Swift Development by 2026

By : TMR

Transparency Market Research (TMR) has ublished a new report titled, “Dermal Fillers Market - ..